Energy economy

Net electricity generation by energy source in the EU with the annual change in 2023

Net capacity of power plants by energy source in the EU 2015 – 2023

Gross capacity of power plants by energy source in the EU 2012 – 2023

Household electricity price in the EU 2017 – 2023

The price per kWh of electricity for private households is largely determined by taxes and levies. Prices are given for a household with an electricity consumption of 2,500 - 5,000 kWh/year

Electricity price for traders 2017 – 2023

The price per kWh of electricity for commercial customers is largely determined by taxes and levies. The prices are given for a business with an electricity consumption of 20 - 500 MWh/year.

Electricity prices for household consumers in Europe

Household electricity prices in Europe (annual electricity consumption: 2,500 – 5,000 kWh) were between 9 and 52 cents/kWh in 2023.

The average electricity price within the EU was 24 cents/kWh.

Global electricity production by generation type

The graph shows that renewable energies will dominate global electricity production in the future. By 2050, the share of photovoltaics is expected to increase to around 35% of total generation.